Summary of the (Imported) Iron Ore in Domestic Market on Nov 7
Date:08 November 2016
The major Australian PB ore fines (61%) are US$ 66.3 / tonne (CIF), up by US$ 1.5 / tonne compared with the previous trading day; the Australian Yangdi ore fines (58%) stand at US$ 60.5 / tonne (CIF), up by US$ 1.5 / tonne from the previous trading day; the Brazil ore fines (65%) record US$ 78 / tonne (CIF), up by US$ 1.5 / tonne from the last trading day. On November 7, the iron ore futures I1701 Contract on DCE closes at RMB 520 / tonne, up by RMB 16.5 / tonne from the settlement price of RMB 503.5 / tonne for the previous trading day. The spot goods at Qingdao Port report RMB 495 / tonne for the 61% grade PB fines of wet basis and RMB 527 / tonne for the fines of dry basis, with the basis for the closing prices at RMB 7 / tonne, down by RMB 16.5 / tonne compared with the basis of RMB 23.5 / tonne between the spot price and the settlement price on the previous day, and down by RMB 20 / tonne compared with the previous day's basis between the spot price and the closing price at RMB 27 / tonne.
 
 
DISCLAIMER: The information on this webpage may be provided by media or other financial institution. DCE provides no warranty, representation or guarantee that the content is accurate, complete or timely. It does not constitute trading, legal or regulatory advice, and should not be relied upon for this purpose.
Address : No.129 Huizhan Road, Dalian 116023, China
Tel : 86-411-84808888 Fax : 86-411-84808588
Email : inquiries@dce.com.cn Support IPv6
TOP